805 W Manchester Ave
Los Angeles, CA 90044
Property Details
805 W Manchester Avenue, Los Angeles, CA 90044
Pricing Overview |
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Asking Price |
Building PPSF |
Land PPSF |
NOI |
Cap Rate |
| $2,446,317 | $1,224.38 / SF | $127.11 / SF |
$110,966 |
4.54% * |
|
* Cap rate does not include 2020 percentage rent |
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Building Overview |
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Year Built |
Building SF |
Lot SF |
Parking Spaces |
APN |
| 1963 | + 1,998 SF | + 19,245 | + 20 Spaces |
6032-014-023 |
Deal Vault
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Property Highlights
Property Information
- Jack in the Box has been in operation on this site since 1963
- 2020 Calendar Year Saw a Massive 14.28% Increase in Year-Over-Year Store Sales Triggering the Payment of $6,324 of Percentage Rent to Landlord in January of 2021
- FMV Increase for option in 2027 gives owner upside potential, which is uncommon in single-tenant ground leases
- Historically high performing store
- Extremely low occupancy cost, 2020 rent-to-sales ratio was 4.7%
- Mature and dense urban infill location
- High exposure signalized intersection with 63,267 cars per day
805 W Manchester Avenue, Los Angeles, CA 90044
Presented By
Matthew Dobson
MANAGING PARTNER | BROKER OFFICER
323.515.8306
License No. 01768556
Joshua Levy
MANAGING PARTNER
323.515.8307
License No. 01068569
Visit Us
180 S LAKE AVENUE
SUITE 205
PASADENA, CA 91101
Contact us
(323) 515-8302
Info@arcainc.us
Open Hours
M-F: 8:30 AM – 5:30 PM
